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Thursday, May 08, 2014 1:52:15 AM
When you said, "
No warrants, options or other convertible securities are outstanding at March 14, 2014."
The Company’s majority shareholder is also its principal lender. As of January 31, 2014 and April 30, 2013, the Company owed its majority shareholder, under a secured lending agreement, $90,897 and $69,254, respectively. The maximum amount of the loan is $250,000, and the loan is payable on demand. The majority shareholder of the Company owns 295,219,103 shares of common stock, or 59% of the 500,000,000 shares issued and outstanding.
It is important to note that the majority shareholder has got to be someone incredibly well off as to not even be concerned as to their role as the principal lender to VSTR. Clearly, since this company is fully audited, and fully reporting - we can ascertain that the CEO is not the majority shareholder or lender.
Which leads me to believe that VSTR could very well be truly run by one of these very successful Internet entrepreneurs that IS indeed, happily that majority shareholder- of a 40mil float - 500mil maxed o/s -- OTC QB - fully reporting/audited stock that appears on the cusp on announcing potentially huge revenue generating acquisitions.
There is so much more to the story here with VSTR. So much more under the hood. Tomorrow presents an excellent retracement recovery - if we climb back to .04 pps- watch out above! Massive move coming if volume indicator continues to stay above 1mil. Very exciting stuff here.
All the best
M
Just this old man's OPINION. Never buy/sell any security based on my post(s) as they are just opinions and only meant for educational purposes. I DON'T receive any comp. of any kind from any company/3rd party mentioned in my post(s).
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